Press release
Hot Runner Market Worth $5,241.5 Million by 2026 | Key Segments, Benefits and Opportunities
Hot Runner Market
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The global hot runner market size was $2,854.0 million in 2018, and is expected to reach $5,241.5 million by 2026, growing at a CAGR of 7.9% from 2019 to 2026.
Market players provide hot runner of various variants to meet the requirements of customers. Automotive, packaging, healthcare, and other sectors exhibit high demand for various types of hot runner. In addition, hectic lifestyle of consumers has increased the adoption of frozen foods, and thereby, the use of injection molded plastics products. This has further led to the rise in demand for hot runner.
In addition, major end users, such as logistics, consumer goods, building & construction, manufacturing, and automotive, operating in the developed regions focus on the quality aspect of the hot runner nozzles; however, end users in price-sensitive economies, such as China and India, prefer low-priced systems for various applications.
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Hot Runner Key Market Segment:
By Type
Valve gate hot runner
Open gate hot runner
By Application
Automotive Industry
Electronic Industry
Medical Industry
Packaging Industry
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
Key Players
Barnes Group Inc.
CACO Pacific Corporation
EWIKON Molding Technologies, Inc.
Fast Heat UK Limited
Fisa Corporation
Günther Heisskanaltechnik
Husky Injection Molding Systems Ltd.
INCOE Corporation
INglass Group
Milacron Inc.
Seiki Corporation
Yudo Group
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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